An Increase in Accounts Payable and in Inventory Suggests That

question 42

True/False

An increase in accounts payable and in inventory suggests that net working capital also increased.​

---

Definitions:

Report

A detailed account or statement about a specific topic, situation, or event.

Residual Income

The income that remains after subtracting all required costs of capital from the operating income.

Balanced Scorecard

A strategic planning and management system that uses a range of financial and non-financial measures to assess a company's performance.

Customer Satisfaction

A measure of how products or services supplied by a company meet or surpass customer expectation.